The global gigabit passive optical network (GPON) market size is anticipated to surpass a valuation of US$ 6,821.7 million in 2023. It is anticipated to hit a valuation of US$ 11,688.9 million by 2033. The market is poised to record a modest CAGR of 5.5% from 2023 to 2033.
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The need for OLTs in the GPON market has increased as a result of the rise in data, voice, and video traffic streaming over international networks. Since OLTs can reduce network costs and simplify the infrastructure without sacrificing performance, they are anticipated to have a substantial influence on GPON industry growth.
The market expansion of the optical network terminal (OLT) has been influenced by the expanding necessity to manage the information flow across optical distribution networks in both directions. The global deployment of fiber-optic network access by OLTs has fueled growth in the GPONs industry.
Key Takeaways from the Gigabit Passive Optical Network Market
The global Gigabit Passive Optical Network (GPON) market reached a size of US$ 6,565.6 million in 2022, growing at a CAGR of 3.4% from US$ 5,732.6 million in 2018. In 2022, the optical line terminal segment dominated the market, accounting for 56.6% of the share by component. The telecommunications sector captured a 20.4% share by vertical. Regionally, the United States led with a 16.7% market share, followed by Japan at 5.8%, the United Kingdom at 4.3%, and China at 3.7%.
Recent Developments in Gigabit Passive Optical Network (GPON) Market:
To offer consumers and companies throughout the world high-speed symmetrical 10G services, Calix, Inc. has announced that over 225 broadband service providers (BSPs) are actively establishing Calix XGS-PON networks. With the Intelligent Access EDGE based on the AXOS® Network Innovation Platform, BSPs can now streamline the management of their networks and speed up the deployment of fiber. With Calix Operations Cloud, BSPs may automate operations and anticipate maintenance needs in addition to real-time network health monitoring and machine learning.
AirFiber Networks’ fiber extension was powered by Nokia’s GPON technology in May 2021. This business upgraded its network and introduced high-speed data services with the aid of a broadband solution to better serve its clients. Within a year, AirFiber Network expects to be able to provide broadband services to 100,000 users in India by putting the solution into practice.
Global Connect purchased fiber-based single-dwelling unit (SDU) assets from Telenor Sweden and its wholesale business Open Universe in November 2021. A total of 14,000 houses on Telenor’s SDU fiber network and about 200,000 linked homes on Open Universe’s platform are expected to be acquired by Telenor Sweden as part of the deal. GlobalConnect wants to leverage the deal to bridge Sweden’s digital gap.
Leading Key Players:
The Gigabit Passive Optical Network (GPON) market features several key players, including industry giants like Huawei, Cisco, ZTE, and Nokia, which lead in technological innovation and market share. Calix, FiberHome, and DASAN Zhone are also significant contributors, offering robust solutions for network infrastructure. Allied Telesis and ADTRAN provide reliable GPON technology, while Iskratel, Alphion, and Unizyx cater to diverse regional and niche markets, enhancing the competitive landscape and driving advancements in high-speed optical communication.
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